What Makes Currencies Move?
Adam Kritzer
Chapter Chapter 3 in Forex for Beginners, 2012, pp 57-86 from Springer
Abstract:
Abstract A popular currency pair might fluctuate in price 18,000 times per day, and by 10%–20% per year. This implies not only a constant shift in the supply/demand equilibrium for that currency pair, but also continuous changes in the financial-economic relationship between those currencies. In this chapter, I will introduce a framework for understanding these fluctuations, both in the short term and the long term.
Keywords: Exchange Rate; Interest Rate; Central Bank; Money Supply; Purchase Power Parity (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4302-4051-8_3
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DOI: 10.1007/978-1-4302-4051-8_3
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